DMart shares tumble 5% despite 15% YoY jump in revenue. Should you invest?

Shares of DMart fell by 5% to Rs 4,701.90 following a 14% growth in standalone revenues to Rs 14,050 crore for Q2 and the addition of 6 new stores. Brokerage firms have mixed views; Macquarie is optimistic, Goldman Sachs recommends selling, while Morgan Stanley remains positive.

More To Explore

Asian stocks tread water at the start of Fed week

Asian stocks opened cautiously as traders assessed strained China-Japan relations and upcoming central bank decisions. Investor caution grew regarding the AI rally’s sustainability, with markets